Deutsche Bank to Launch Additional Tier 1 Capital Instruments

Deutsche Bank AG has announced plans to issue securities classified as Additional Tier 1 (AT1) capital instruments. These securities aim to bolster the bank's Tier 1 leverage ratio and meet its AT1 requirements under Pillars 1 and 2. The issuance will be of benchmark size, with the first call date set for October 30, 2031.

Authorized by the 2022 Annual General Meeting, the securities will have denominations of €200,000. Deutsche Bank AG will serve as the sole bookrunner for this placement. Importantly, these securities are not registered under the Securities Act of 1933 and will be issued under "Regulation S," restricting offers within the United States without proper registration or exemption.